$0.31 EPS Expected for Copart, Inc. (CPRT)

September 3, 2017 – By Darrin Black

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.06, from 0.82 in 2016Q3. It is positive, as 41 investors sold Copart, Inc. shares while 111 reduced holdings. 41 funds opened positions while 93 raised stakes. 83.97 million shares or 2.73% less from 86.32 million shares in 2016Q3 were reported.
Capital Guardian Tru Com, California-based fund reported 3,000 shares. Moreover, Solaris Asset Mgmt Lc has 0% invested in Copart, Inc. (NASDAQ:CPRT). Weaver C Barksdale And Assocs Inc invested 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Contravisory Mngmt owns 0.08% invested in Copart, Inc. (NASDAQ:CPRT) for 3,992 shares. Prudential Financial accumulated 0.01% or 59,089 shares. Moreover, Northern Trust has 0.01% invested in Copart, Inc. (NASDAQ:CPRT). Stephens Invest Mgmt Grp Limited Liability Corp stated it has 0.09% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Natixis reported 0% in Copart, Inc. (NASDAQ:CPRT). Royal Financial Bank Of Canada has 373,181 shares for 0.01% of their portfolio. First Quadrant L P Ca reported 442,487 shares or 0.5% of all its holdings. 16,120 are owned by Los Angeles Cap Equity Incorporated. Driehaus Cap Management Limited Liability has 0.06% invested in Copart, Inc. (NASDAQ:CPRT). Chicago Equity Llc accumulated 3,680 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Copart, Inc. (NASDAQ:CPRT). Washington Tru has 0.04% invested in Copart, Inc. (NASDAQ:CPRT) for 10,655 shares.

Since March 8, 2017, it had 0 insider purchases, and 4 selling transactions for $22.68 million activity. On Wednesday, March 8 MEEKS JAMES E sold $3.22 million worth of Copart, Inc. (NASDAQ:CPRT) or 53,203 shares. $12.41 million worth of stock was sold by ADAIR A JAYSON on Monday, March 27. FRANKLIN WILLIAM E also sold $6.05M worth of Copart, Inc. (NASDAQ:CPRT) shares.

Investors wait Copart, Inc. (NASDAQ:CPRT) to report on September, 19. its quarterly earnings Wall Street analysts expect $0.31 EPS, up $0.02 or 6.90 % from last year’s $0.29 same quarter earnings. This translates into $71.42 million profit for CPRT giving the stock a 26.32 P/E. This is assuming the current $0.31 EPS is accurate. Copart, Inc.’s Wall Street analysts see -16.22 % negative EPS growth, taking into account the $0.37 EPS reproted in the previous quarter, The stock decreased 0.15% or $0.05 on September 1, reaching $32.64. About 931,529 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since September 3, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Copart, Inc. (NASDAQ:CPRT) Ratings Coverage

Among 8 analysts covering Copart (NASDAQ:CPRT), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Copart had 15 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Mkt Perform” rating by Barrington Research given on Friday, September 23. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) on Wednesday, August 9 with “Hold” rating. JP Morgan maintained it with “Neutral” rating and $50 target in Friday, May 27 report. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) on Thursday, July 6 with “Hold” rating. The stock of Copart, Inc. (NASDAQ:CPRT) has “Neutral” rating given on Thursday, August 25 by Northcoast. The firm has “Hold” rating given on Friday, May 27 by Jefferies. The stock of Copart, Inc. (NASDAQ:CPRT) has “Buy” rating given on Friday, September 23 by Bank of America. On Friday, January 15 the stock rating was initiated by Jefferies with “Hold”. The firm earned “Neutral” rating on Friday, August 26 by Susquehanna. On Tuesday, April 5 the stock rating was initiated by Gabelli with “Hold”.

Copart, Inc. is a provider of online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, the United Arab Emirates, Oman, Bahrain, Brazil, Ireland, Spain and India. The company has market cap of $7.52 billion. The Firm also provides vehicle remarketing services in Germany. It has a 18.99 P/E ratio. The Firm operates through two divisions: United States and International.

More recent Copart, Inc. (NASDAQ:CPRT) news were published by: Prnewswire.com which released: “Copart Expands Its Locations Near Little Rock and Fayetteville, Arkansas” on August 22, 2017. Also Prnewswire.com published the news titled: “Copart Opens New Location in Andrews, Texas” on August 14, 2017. Nasdaq.com‘s news article titled: “Copart (CPRT) Expands Conway-Prairie Grove Sites at Arkansas” with publication date: August 25, 2017 was also an interesting one.